Public RelationsDHFL net at Rs 37 crore
Dewan Hosing Finance Limited (DHFL) reported 69.96 per cent increase in its net profit at Rs 37.51 crore for the quarter ended September 30, 2009 as compared Rs 22.7 crore in the corresponding quarter last year.
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Loan disbursement by the company went up by 92 per cent to Rs 979 crore during the second quarter, as against Rs 509 crore in the same period a year ago. Loan sanctions went up 93.76 per cent to Rs 1180.67 crore during the quarter. Total income of the housing finance company went up by 53 per cent to Rs 246.12 crore as against Rs 160.79 crore in June-September, 2008.
Company’s top line growth rose by 53 per cent to Rs 246.12 crore against Rs 160.79 crore in the same quarter last year. The net non-performing assets of the company stood at 1.07 per cent as on September 30. Net interest margin stood at 3 per cent.
BSE, the company’s shares closed at Rs185.9, down 0.96 per cent from its previous close.